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Wildhorse Company begins operations on April 1 . Information from job cost sheets shows the following. Manufacturing Costs Assigned Job Number April May June Month

Wildhorse Company begins operations on April 1. Information from job cost sheets shows the following.
Manufacturing Costs Assigned
Job
Number
April
May
June
Month
Completed
10
$6,660
$6,020
May
11
5,280
5,120
$2,600
June
12
1,460
April
13
6,010
5,850
June
14
7,720
4,630
Not complete
Job 12 was completed in April. Job 10 was completed in May. Jobs 11 and 13 were completed in June. Each job was sold for 25% above its cost in the month following completion.
What is the balance in Finished Goods Inventory at the end of each month?
Finished Goods Inventory
April 30
$
May 31
$
June 30 $
What is the gross profit for May, June, and July?
Gross Profit
May
$
June
$
July

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